Global Environment Facility [GEF]

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Categories: Environment, Glosario
(source: thegef.org)

«The Global Environment Facility (GEF) was established 30 years ago on the eve of the Rio Earth Summit to tackle our planet’s most pressing environmental problems. Since then, it has provided more than $21.5 billion in grants and mobilized an additional $117 billion in co-financing for more than 5,000 projects and programs. The GEF is the largest multilateral trust fund focused on enabling developing countries to invest in nature, and supports the implementation of major international environmental conventions including on biodiversity, climate change, chemicals, and desertification. It brings together 184 member governments in addition to civil society, international organization, and private sector partners. Through its Small Grants Programme, the GEF has provided support to more than 25,000 civil society and community initiatives in 135 countries.»

The GEF acts as the financial mechanism for conventions, including the United Nations Framework Convention on Climate Change (UNFCCC), and administers the Trust Fund for Least Developed Countries (FPMA) and the Special Trust Fund on Climate Change (SFCC).

Read more: thegef.org

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